Wabtec acquires heavy-duty equipment manufacturer L&M Radiator for $230m

Wabtec acquires heavy-duty equipment manufacturer L&M Radiator for $230m

Wabtec Corporation has expanded its thermal management portfolio through the acquisition of L&M Radiator, a Minnesota-based manufacturer of heavy-duty equipment radiators and heat exchangers for $230 million. Founded in 1957 and headquartered in Hibbing, L&M Radiator maintains a strong international presence with employees and operations across the United States, Australia, Mexico, and Chile. Dan Chisholm […]